International Journal of Management and Enterprise Development (7 papers in press)
- Forecasting Bankruptcy Risk of International Commercial Road Transport Companies
by Rafał Balina, Sławomir Juszczyk
Abstract: This article focuses on a study whose thesis was to ascertain whether current bankruptcy forecasting models are effective in relation to companies involved in international commercial road transport. A second issue was addressed -- whether a forecasting model designed by the authors, including industry variables, is more effective than the current general models. The relevancy study of current general bankruptcy forecasting methods, as they relate to this specific industry, has shown an inadequate level of performance resulting in the development of an industry specific bankruptcy forecasting model which indicates greater accuracy.
Keywords: bankruptcy, bankruptcy forecast, discriminant analysis
- Should Small Exporting Technology Enterprises Use Niche, Strategic Alliances, or Both?
by Lee li, Gongming Qian
Abstract: This study compares and evaluates niche strategy and alliance strategy for small exporting technology enterprises (SETEs). The literature indicates that either strategy is sufficient, as both serve the same purpose of relaxing resource constraints. However, the results of this study indicate that SETEs that adopt both strategies simultaneously perform significantly better than those that adopt only one strategy so one strategy does not duplicate the other. Moreover, SETEs cannot maximize returns either if they rely heavily on both strategies simultaneously. The optimal strategy for SETEs lies either on the combination of high level of niches and low level of alliances or on the combination of low level of niches and high level of alliances.
Keywords: Niche Strategy; Strategic alliance strategy; International business.
- From Knowledge Activities to Knowledge Scenarios: Cases in Five Irish Software SMEs
by Ciara Heavin, Frederic Adam
Abstract: The importance of understanding how smaller organisations manage knowledge has become vital to their success, however in the main; research continues to pursue knowledge management (KM) approaches in large multinational organisations. Consequently, there remains a dearth of empirical research in small and medium sized enterprises (SMEs) in Information Systems (IS) research. This study pursued a qualitative analysis approach across five SMEs, with the objective of developing ways to illustrate the knowledge approach pursued in a small software company. Leveraging the empirical findings from the five cases, an abstracted level of analysis led us to propose a Typology of Knowledge Scenarios; the Hybrid Type, Human-Oriented Type and Techno-Mediated Type. This typology provides a characterisation of approaches to KM in software SMEs. The merit in establishing this Typology of Knowledge Scenarios lies in further leveraging the vocabulary and iconisation of research on KM to uncover additional types in other organisations dealing with different knowledge domains.
Keywords: Knowledge Management (KM), Knowledge Activity (KA), Knowledge Scenarios, Routine and Non-Routine Modes, External Knowledge Resources, Hybrid, Techno-Mediated and Human-oriented
- A 7-Step Framework (7SF) for Gauging Strategic Assets through a Flexible Format. An Industrial Case Study Application
by Franco M. Battagello, Livio Cricelli, Michele Grimaldi
Abstract: The purpose of this paper is to provide an integrated approach for mapping, gauging and tracking Strategic Assets and to formalize an applicable analysis and reporting model. An open process is proposed as an alternative method for gauging them effectively through a flexible conceptual framework. The suggested solution, out of the amorphous mass of strategic resources, returns an analytic snapshot of its composing elements and provides findings that are comparable with other organizations. This framework is structured with an auditing approach, dialectically involving the firms management. It results in a tailor-made scalable methodology composed of 7 interlinked cascade steps intended to: 1) identify the link between value and performance; 2) properly set and target meaningful bottom-up KPIs; 3) build a suite of synthetic indicators. This approach could enhance managers awareness of strategic entities and their relationship with business performance, thus easing resource allocation, investment strategy and business development. In order to validate its usability, this model has been implemented in a leading company in the Italian ceramic industry.
Keywords: performance; value creation; competitive advantage; strategic assets; business development; assessment; investment; strategic decision; framework; intangible assets; knowledge management; benchmarking; KPIs.
- Exploring the antecedents and outcomes of feedback-seeking behavior
by Jen-Wei Cheng, Jyh-Huei Kuo, Hsiu-Hsin Lin, Kuo-Ming Lu, Lawrence Gales
Abstract: By seeking feedback from supervisors, employees can adjust ineffective behaviors in time, enhance future work-related effectiveness, maintain high quality leader-member exchange, and create positive impressions in the minds of supervisors. Although a growing body of work has evoked interest in examining the antecedents and outcomes of feedback-seeking behavior, a systematic review of the feedback-seeking literature is quite limited. The authors examination included 35 studies, containing 41 samples, and results indicate that three important categories of antecedents can be identified based on an individuals disposition and cognition as well as organizational context factors. This article concludes with some thoughts about the future research agenda that might be pursued to further advance our understanding of employees feedback-seeking behavior in organization management.
Keywords: feedback-seeking behavior; negative feedback-seeking behavior; individual difference; perceived cost and value of feedback-seeking
- COMPETITIVE STRATEGY AND PERFORMANCE IN SOUTHERN GHANA
by John Parnell, John Spillan, Edwin Mensah
Abstract: There is a dearth of academic work investigating the effectiveness of competitive strategies in retail organizations in emerging nations, particularly within sub-Saharan Africa. This study investigates the relationship between business strategy and performance in business enterprises in Southern Ghana. Data from 184 firms in Accra, Tema and Kumasi suggest thatin terms of both financial and operating performanceGhanaian retailers employing a combination of cost leadership and differentiation strategies outperformed those adopting only one of the two pure strategies.
Keywords: Business; Strategy; Marketing; Strategy; Business; Performance; Strategy; Formation; Management; Functions; Marketing; Function; Marketing; Organization
- Adoption of Focus Group and Policy Delphi to Blue Ocean Strategy: A proposed conceptual model
by Alex Hou Hong Ng, Dominic Hoe Chai Lau, Wan Khairuzzaman Wan Ismail
Abstract: Although blue ocean strategy (BOS) has been well regarded and widely accepted in both academic and business domains recently, nevertheless some researchers criticized the concept is being too descriptive and lack of formulated theoretical foundation. In this context, this paper aims to further extend the BOS formulation process by introducing quantitative approach to substantiate the validity of key competing factors in the strategy canvas to strengthen its theoretical construct. The paper begins by highlighting the background and research questions of this study, followed by a brief review on the concept of BOS and its analytical tools as well as the related research problems and issues. Subsequently, Focus Group and Policy Delphi were introduced to incorporate into the BOS formulation process and a conceptual model is proposed to address the question questions raised earlier. Finally, it is concluded with a proposed conceptual model and the future research avenue.
Keywords: Blue Ocean Strategy, Strategy Canvas, Focus Group, Delphi Method, Policy Delphi.